Beacon Hill News
Payano Says Amendment to Senate Housing Bill Pays Benefits to Haverhill, Methuen and Lawrence
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The Massachusetts Senate last week outlined its approach to creating affordable housing and approved a related amendment from Sen. Pavel M. Payano that would double payments certain developers would have to pay for dense housing projects. Payano’s amendment affects the state’s controversial Chapter 40R overlay zoning designed to promote residential and mixed-use developments near transit stations by increasing developers’ one-time, upfront incentive payments and per-unit bonus payments from $3,000 to $6,000. Payano credited the state law for previously helping to create 362 housing units in downtown Haverhill. The senator said in a Friday statement his amendment, if ultimately included in a reconciliation with a House housing bill, will benefit Haverhill, Lawrence and Methuen. “Inflation has degraded the incentives over time.







